Today, the COVID-19 pandemic is pushing many of the emerging technological trends to their realisation. Blockchain technology or distributed ledgers, particularly, is one such technology. Transcending beyond its initial application in cryptocurrency, blockchain is showing its potential in supporting organisations rebuilding and reconfiguring their operations underpinned by improvements in trust, transparency, and efficiency.
Blockchain’s applications are wide-ranging and supports companies of varying sizes and industries. Tracking and tracing of products and services— or provenance—are emerging as a new priority for many companies, and subsequently, are presenting an enticing opportunity for businesses to implement blockchain. With a distributed ledger system, companies will be able to optimise their operations and stay abreast of the market uncertainties.
Additionally, application of blockchain in contracts and dispute resolution, as well as in customer engagement and loyalty programmes, is further extending blockchain’s potential into many different public and private industry sectors. Blockchain’s ability to pave the way for robust security measures is also pushing many identity and access management platforms to include blockchain technology within their system.
Similarly, many business and administrative tools used in the healthcare sector are also incorporating the functionalities of blockchain in their workflows. From sensitive patient data, to drug development data and all the way through to confidential administrative information of healthcare facilities, blockchain is fast becoming a critical component for hospitals and pharmaceutical companies. And at the same time, in its long-standing role as the foundation of cryptocurrency, blockchain is also revolutionising payments and financial services by supporting financial inclusion through the cross border and remittance payments. In short, blockchain is now truly transcending from its nascent stage into its more widespread applications.
To assist businesses stay at the helm of these trends, we have compiled this issue of CIOReview. In this edition, we have listed the 10 most promising blockchain solution providers in Europe and 10 most promising blockchain consulting/service companies in Europe , to highlight those making significant contributions to the advancement of blockchain technology. Equipped with innovative technological capabilities, these companies are set to transform the landscape. This edition also blends thought leadership articles from subject matter experts, CIOs, and CXOs, along with real-life stories on how the companies have enhanced the capabilities of their clients in different sectors. We hope this issue of CIOReview helps you build the technological partnership your business needs to succeed in a competitive landscape.
We present to you CIOReview’s, 10 Most Promising Blockchain Solution Providers in Europe – 2020.
